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Latest: Fintech News

Why Nvidia Preferred ChatGPT to ‘Useless’ Crypto – Guardian
Why Nvidia Preferred ChatGPT to ‘Useless’ Crypto – Guardian

Chipmaker Nvidia preferred to see its powerful processors being used on the artificial intelligence chatbot ChatGPT rather than mining crypto, its tech chief has revealed

Baidu Scraps Public Launch of ChatGPT-Rival Ernie Bot
Baidu Scraps Public Launch of ChatGPT-Rival Ernie Bot

The format was changed to satisfy the 'strong demand' from 120,000 companies that had applied to test Ernie Bot, the search giant said

Jack Ma Returns to China in Sign of Easing Tech Crackdown
Jack Ma Returns to China in Sign of Easing Tech Crackdown

The news of Jack Ma’s return comes on the final day of the China Development forum, a government-funded event being held in Beijing

China Says US Has Failed to Prove TikTok is a Security Threat
China Says Still Committed to Building Healthy, Stable US Ties
Tim Cook Lauds China ‘Innovation’ at Key Business Summit
iPhone Maker Pegatron in Second India Factory Negotiations
Beijing Slams US for TikTok CEO’s ‘Hostile’ Congress Hearing
Huawei Beats US Sanctions With Chip Tool Breakthrough
Nvidia Will Rent AI Computing Power to China – Yicai Global

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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors